Microsoft surpasses Google in market valuation

ALTAF QADRI AP
Microsoft's most important divisions have turned out to be its Office software such as Word along with the cloud

Microsoft outperformed Google's parent organization Alphabet in showcase esteem Tuesday, turning into the third most important organization on the planet.

The company is now valued at $760bn while Alphabet is valued at $739bn making Microsoft the third most valuable company in the world after Apple and Amazon.

While Microsoft still sits behind Amazon which is now valued at $782 and, of course, Apple with its staggeringly high market cap of $923, the company still diversifies itself enough to remain competitive.

It is interesting that as Microsoft and Google ahead of analysts ' forecasts for the last quarter. The ballooning valuations have fueled speculation as to which US tech company will be the first to reach a $1 trillion-market cap. Microsoft is estimated today to cost 760 billion dollars, while Alphabet Inc.is estimated at $ 746 billion.

Apple has been closing that elusive $1 trillion market value for quite some time, however Microsoft could catch up rapidly as analysts predict the company's cloud business to potentially double in the next few years.

Microsoft's cloud-computing business is a piece of what has impelled its development.

The Azure cloud service had 93% growth in the income. Apple is flirting with a $1 trillion market capitalization. While 33 per cent of its revenue came from services such as Office and LinkedIn, the company earned 28 per cent of its profits from its cloud services, and almost 38 per cent of its revenue came from Windows, Surface and its gaming division. The company is increasingly building an identity around Cloud, and moving away from its traditional Windows-centric image. Income from Cloud services and Office commercial goods ramped up 14%, which was boosted by Office 365. He's propagated a "cloud-first" approach at Microsoft ever since he took over from Steve Ballmer in 2014.

Patrick Seitz of Investor's Business Dailycredits Redmond's recent push into cloud-computing for the increase in the company's stock market value.

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